Chicago Bears unveil plans for new stadium

Update: The Chicago Bears unveiled plans April 24, 2024, to build a futuristic domed lakefront stadium and asked taxpayers to pick up approximately $2.4 billion of the total $4.75 billion cost of the project.

The report says city and state taxpayers would end up paying $5.9 billion to help the Bears build and finance the new stadium, as well as to retire existing debt that's been used to renovate Soldier Field and Guaranteed Rate Field.

The team said they're ready to front $2 billion of an estimated $4.75 billion price tag. Although Frank Bilecki, executive director of the Illinois Sports Facilities Authority, told the Chicago Sun-Times that number is more like $6.9 billion.